$185,000 Active
1940 US Highway 50
South Lake Tahoe, CA 96150
✗ STR Not Allowed — Cap Reached, Waitlist Full
El Dorado County's STR program is at cap and the waitlist is full — no new permits are being issued.

About This Property

Step into a world of possibilities with this exceptional 4.15-acre parcel in South Lake Tahoe. Nestled in a prime location, this remarkable piece of land is bordered by beautiful Forest Service land on three sides, ensuring peace, privacy, and a pristine natural backdrop, offering unparalleled potential.According to the land capability verification letter on file, this expansive parcel spans 180,713 square feet and permits a base allowable coverage of 1,808 square feet for development. This provides ample opportunity to create your dream project while adhering to the established guidelines.Conveniently situated just south of the Y, this property places you close to all the amenities South Lake Tahoe has to offer, including shopping, dining, and a wide array of recreational activities. The Lake Tahoe Airport, directly across the road, ensures ease of travel while maintaining the serene mountain ambiance.Surrounded by towering pines and expansive open spaces, this land is a haven for outdoor enthusiasts. Enjoy hiking, biking, and exploring the nearby trails, or take a short drive to the lake for boating and fishing adventures. Winter sports enthusiasts will appreciate the proximity to world-class ski resorts.This is a rare opportunity to own a significant piece of South Lake Tahoe's coveted landscape.

Listed by Jessica Woods — Sierra Sotheby's International Realty

Listing Details

Status Active
MLS # 141274
Days on Market 454
Sold Date 1800-01-01

Property History

Mar 08, 2025
Listed for sale
$185,000
Property Overview
Lot Size 4.15 acres
Property Type UnimprovedLand
Subdivision Th-m-g
County El Dorado
STR Jurisdiction El Dorado County
APN 033131004000
Exterior & Lot
View Mountain, Forest
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($37,000)
Home price
$185,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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